Your school club is selling popcorn at a football game. the cost of making the popcorn is $90. you charge 1.50 for each bag of popcorn. a.) write a function you can use to find the profit p for selling b bags of popcorn. b.) you will break even if the cost of making popcorn equals your income. how many bags of popcorn must you sell to break even?

Answers:

A) The profit function is P(x) = 1.50x - 90 where P is the profit and x is the number of bags sold

B) You must sell 60 bags to break even.

Explanation:

x = number of bags sold

1.50*x = 1.50x = revenue earned from selling x bags at $1.50 a bag

The revenue is the amount of money you earn. The cost is 90 which is subtracted off the revenue to get the profit, so P(x) = 1.50x - 90 is the profit function.

The breakeven point happens when the profit P is 0. Replace P(x) with 0 and solve for x

P(x) = 1.50x - 90

1.50x - 90 = P

1.50x - 90 = 0 ... replace P with 0

1.50x = 90 ... add 90 to both sides

x = 90/1.50 ... divide both sides by 1.50

x = 60

If you sold 60 bags of popcorn, then you will break even. This is where the profit is $0. You do not make any money, nor do you lose any money. If you sell more than 60 bags, then the profit will be some positive number.

$650 per month plus utilities

step-by-step explanation:

just based on the info you gave, it would seem more cost effective to rent at $650 per month plus utilities.   if utilities are, in fact, $150 per month, your monthly living costs would be $800 as opposed to the other option of $825.